Costa Rica Interest Rates

The Costa Rican economy with a population of 4.3 Million (Est 2011 census) ranks 85th in the world with a GDP PPP of 44 billion and GDP PPP per capita of 11,923 vs 48,328 (United States) according to the IMF in 2011. Its currency is the Costa Rican colón which is often denoted as CRC in FX markets. Its banks offer fixed interest rate of return product for retail customer savings called a 'certificate of deposit' or 'CD'. Its inflation estimates according to website for the country was 4.9% in 2011 and 4.5% in 2012.

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Costa Rica Banks

Showing rates for 5 Bank deposit providers in Costa Rica.
Banco De Costa RicaBanco De Costa Rica2451877Local
Banco NacionalBanco Nacional1701914Local
Citibank Costa RicaCitibank Costa Rica121968Foreign
Banco CathayBanco Cathay81998Foreign
Scotiabank Costa RicaScotiabank Costa Rica1995Foreign

Costa Rica Discussion Activity

  • Banco De Costa Rica - Deposits
    Q: I am a US citizen; may I open a bank account in Costa Rica and invest in CDs or other products?

    James Calkins from Moab, United States
  • Banco De Costa Rica - Deposits
    Q: Is this rate on certificates of deposit good for dollar account or is it in colones ?Can I open this account on line ?

    Walter from San José, Costa Rica
  • Scotiabank Costa Rica
    Q: What interest rates do you offer on CD'sWhat will $100,000 US Dollars will be worth in one year ?What about three and five year cd's ..Thank you

    Stephen from Saint Petersburg, United States